As I posted earlier today, I covered my CSTR short a little too early and missed out on half the move today. However, I still caught a 12% move down overall so I consider this one a successful “irrational long” trade.
I took profits on my ETFC junk long position today. My average price was $1.20 and I sold some off at $1.50 and the rest today at $1.30. Not a bad trade but I was hoping to get a little more out of it. I also sold off the rest of my REV junk long today. I sold some off at around $6. REV was also a decent trade but now a blowout trade.
I still like the prospects of my LCRD short. I’m about about 5-6% from my entry point but it looks like it may be getting ready to rollover.
I hope everyone had a good week and hopefully picked up a few good trades here. Have a great weekend.